This year Kolmar intends to mine 9 million tons of coal, up by 60% YoY. This is possible due to the commission of the Famur machine and the purchase of other mining machines. Moreover, this year Kolmar has started seriously developing two sites – Inaglinskaya and Vostochnaya Denisovskaya mines. Last year railroad sales totaled 3.5…
Kaluga is constructing a sports palace. Since spring Ventall has been participating in the process. The company has designed and manufactured metal structures for the roof of the ice arena with the size of 54×78 and the roof of the water premises with the size of 35×33.9 m. The volume of metal structures delivery reaches…
In January-October the demand for UGMK-OTsM non-ferrous metals processing works products increased by 14% YoY. Kirov Works increased output by 6%. Copper and brass sheets, plates and strips accounted for the most part of the output. The growth in the copper-nickel rolled metal output was 2.5-fold. Revda Works copper-nickel pipes manufacture grew 2-fold, and copper…
Severstal Russian Steel has chosen a supplier of the main machinery for the modernization of the steel degassing machine at Cherepovets iron and Steel Works. Danieli & C. Officine Meccaniche S.p.A. will supply the machinery. The first deliveries are expected until the end of 2020. The commission of the modernized machine is scheduled for Q2…
Zlatoust Electrometallurgical Works has repaired the billet mill-750 shearing press. The repair lasted for 5 days. The billet mill-750 produces rolled billet for further rolling at the mills-400 and 280, as well as round bars with the diameter of 90 to 210 mm, square bars with the size of 85 to 160 mm and flat…
Bidzhu Nair has been appointed a new CEO of ArcelorMittal Temirtau. The new director was presented to the company by Lakshmi Mittal on November 10. Nair previously held the office of the ArcelorMittal Zenica CEO. Since May 1, 2016 AMT has been chaired by Paramjit Kahlon, the CEO of ArcelorMittal Kriviy Rih. (Ukrainian metal)
The international ratings agency Moody’s Investors Service has changed its outlook on Ferrexpo plc rating from stable to positive. At the same time the Ferrexpo Group of Companies corporate rating has been confirmed on the B3 level and the default rating on B3-PD. The change follows the amendment of the Ukrainian government rating from stable…
This year the scrap procurement in Ukraine is expected to fall to 3.1 million tons. According to the UAvtormet Association, in January-November 2.8 million tons of scrap were procured, down by 14.6% YoY. Scrap deliveries to metal companies dropped by 6.9%, to 2.8 million tons. Exports in 11 months fell by 87.2%, to 40.9 thousand…